The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-10-18
MONEY, BONDS AND STOCKS.
n Moderately Active and Generally Stroni
Market for Almost All Shares.

n Moderately Active and Generally Strong
Market for Almost All Shares.
NEW YORK, Oct. I.-Money on call was
Easy at q to per cent, the last loan being
made at 5 per cent, and closing offered at
per cent
Prime mercantile paper Gao per cent
Sterling exchange was strong and active at
AsI9 for sixty-day bills, and g. S54 for de-
nand..
The total sales Of stocks to-day were 4o6. 1876
shares. including the following Canada
Southern, 1865; Delaware. Lackawanna &
Western, 23,31O; Erie. 24.saO; Kansas 6
Texas, 4.47O; Lake Shore. 1852; Louis
yil.e g. Nashville. 112O0 Missouri Pacific.
Central 5. OPS; New York Central $3.50; North
ern Pacific preferred, APO; Oregon Transcon-
tinental, 400; Reading l3l, 200: 81: Paul,
e. Omaha 6 020; Union Pacific, IL $50; Western
Union 1900
The stock market to-day was moderately act
i've and generally strong. though there was
some weakness in the first hour. The feeling
somewhat mixed this morning, but London
appeared as seller, which encouraged the
''bears" to again attack the list and Jersey
Central, Reading and Missouri Pacific were paid
special attention to. There was sudden revul-
sion Of feeling toward noon, when n scarcity or
the more active stocks for delivery became no.
ticeabie, the Vanderblts with the other trunk
lines and Chicago, Burlington & Quincy. COM
ynandng premium for use
COnS1deraOe anxiety 10 cover WaS utsplaSc0
and the market went up rapidly until this de-
mand Stacked off. whom it became quiet. though
still remaining firm The selling of Reading,
In the early trading, very heavy. The
special weak spot the Northern Pacifics
and Oregon stocks, but Manitoba developed
weakness early in the dav, and is materially
lower tonight. The buying better than
usual of late. but it still of a professional
character The opening was irregular but the
changes from Saturdays prices were from
TO \ per cent only either way. Weakness ap-
peared i'm nediately, however, and in the first
BALI hour prices we're down from ! to per
cent, the latter in Omaha, though Pacific Mail,
Louisville & Nashville, Missouri Pacific Read
ing, and Jersey Central were also prominently
weak. The temper of the market then fairly
turned, and a gradual improvement, which
lasted through almost the entire day and sub
ject to only insignificant reactions. took place.
The volume of business showed marked de-
crease in the afternoon and the close was quiet
out firm at or near the best prices reached.
Most stocks show fractional gains over Satur-
days hna, figures Manitoba is down 24, and
is up Il; Lake Shore, Il; San Francisco pre-
ferred. II; Erie, II: Richmond d West Point
and New England, per cent each.
Railroad bonds saved from intense dull
ness by the animation in Erie seconds. which
were active and strong, contributing $237.O to
the days total of 1858, 000 The general list was
heavy weak. Chicago, Burlington q Quincy,
Iowa division. tours. lost 2, at 95a; Fort Worth
g. Denver irsts. %. at 792; Nickel plate trust
receipts, 81 at 81; Kansas 81 Texas fives. 3. at
76: Peoria, Decatur e. Evansville seconds, 8. at
r. and Milwaukee, Lake Shore s. Western de-
bentures. 8, at 80.
Government bonds were dull and firm to
strong
State bonds were dull and steady. Closing
sin